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Germany’s factory orders post biggest jump of 2017 in Aug

by ChemOrbis Editorial Team -
  • 06/10/2017 (15:42)
According to the data released by Destatis, Germany’s factory orders jumped in August from July, registering the biggest rise since December.

The data revealed that the country’s industrial orders were up by 3.6% on a monthly basis in August, defying expectation calling for a 0.7% rise.

The monthly increase in factory orders in August was mainly driven by an increase in foreign orders by 4.3% from a month earlier while domestic demand rose 2.7%.
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